67213, Wichita, KS

The Wichita, KS 67213 zip code has a population of around 229,000 people and is located in the Midwestern United States. The median home value in the 67213 zip code is $135,000 which is significantly lower than the national median home value of $177,500. The average home equity loan-to-value ratio in the 67213 zip code is approximately 44%, which is lower than the national average of 56%. This indicates that there are a greater number of homes with negative equity relative to homes with positive equity.

There are several factors that may contribute to the low home values in the Wichita, KS 67213 zip code. One potential reason for this trend could be that there has been a decrease in housing inventory over recent years. Additionally, interest rates have been relatively low for some time now which may have made it more difficult for homeowners to obtain financing for purchasing a home. Finally, there has been an increase in foreclosures and short sales over recent years which may have further decreased housing values within this area.